Senior wins $80m parts contracts from Collins Aerospace

(Sharecast News) - Aircraft and defence engineering specialist Senior said it had won 10-year production contracts worth $80m from Collins Aerospace to supply thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft. Deliveries started in January for Boeing and will commence January 2025 for Airbus, with the parts made at Senior's factory near San Diego in the US.

Collins Aerospace is an American technology company that supplies aerospace and defense products. Headquartered in Charlotte, North Carolina, it is a subsidiary of RTX Corp, formerly Raytheon Technologies.

Reporting by Frank Prenesti for Sharecast.com